Kalyani Group explores Investing in Aeron Systems

Kalyani Group explores Investing in Aeron Systems

Fri, 02/22/2019 - 21:54
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22nd February

 Kalyani Group and Aeron Systems, a Pune based Smart Technology Company, developing indigenous Inertial Navigation Systems (INS) & Internet of Things (IoT) solutions, have come to an understanding to explore investment options into Aeron Systems, with the former coming on board as a strategic investor. The potential investment from Kalyani Group will provide impetus to the development efforts of Aeron for indigenous Tactical and Navigation class Inertial Sensors and INS systems thereof.

 

A ten years young technology company, Aeron is supplying its indigenously developed INS products for aircrafts, armoured vehicles, drones in the Defence sector and safety sensors for heavy vehicles in Automotive sector. Under its IoT product portfolio, Aeron offers high quality Wireless Data Loggers & Gateways along with environment monitoring solutions for smart agriculture, solar power plants, smart cities and industries.

 

Backed by domain knowledge and proprietary technology, Aeron has been supplying globally competitive products with premium features to the Indian industry. Having made a mark in the domestic market, the Aeron is now expanding to markets in the Europe, Middle East and other countries in Asia.

Kalyani Group and Aeron Systems will explore joint development of precision motion systems for Defence, Aerospace & Automotive industries.

 

About Kalyani Group

Kalyani Group is a 3 billion USD multinational conglomerate with high technology, engineering and manufacturing capabilities across critical sectors as Defence & Aerospace, Engineering, Steel, Automotive, Industrial Renewable Energy, Urban Infrastructure and Speciality Chemicals. The Group has been a flag bearer of ‘Make In India’ across sectors, including Defence & Aerospace.

 

About Aeron Systems

Aeron Systems is a fast-growing tech company developing innovative solutions for global customers. Aeron has a decade long experience in offering a wide range of technology-driven products under Inertial Sensing and IIoT verticals to its customers in Aerospace, Defence, Automotive, Renewable Energy and Industrial sectors.